Gateway Mens Chorus

Analysis

Gateway Mens Chorus is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Gateway Mens Chorus reported income of $134k and spending of $100k, leaving 26% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $94k to $134k (+42%), an average of +42% a year. The sharpest change came in the year to July 2023, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gateway Mens Chorus sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MO. Charities of a similar size with the same main cause include Society of Friendly Sons of St Patrick in Westchester County ($134k), Big Brothers and Big Sisters of Danville Area Incorporated ($134k) and PTA California Congress of Parents Teachers & Students Inc ($134k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 77% and program service revenue 12% of the total. At year end it held assets of $68k against liabilities of $20k, net assets of $47k.